Norther California Glamping Startup

[Rowan Gratz]

Investment Info:

Other buy & hold investment.

Purchase price: $500,000
Cash invested: $50,000

Glamping Resort on the Trinity River. 12 Acres , River Front, 5 Unique Glamping Suites, Shared Bathhouse, Communal Kitchen/Laundry. EV Charging . Private River Access, Beach, Swimming, Kayak Launch.

What made you interested in investing in this type of deal?

There is nothing better than coffee overlooking the water and a refreshing swim in the River.

How did you find this deal and how did you negotiate it?

Persistent hustling and getting property owner to sign on the contract.

How did you finance this deal?

Cash+Owner Carry.

How did you add value to the deal?

Sweat Equity, Building out the property myself 3 days a week . Used labor from other contractors when I couldn't figure it out.

What was the outcome?

TBD, I have not listed it yet as I am not finished .

[Rowan Gratz]

This Property was un-listed but I knew the landowner so We (my partner and I ) basically helped him decide to sell it by writing a contract and convincing him that we could make the payments (owner carry). 

..4 months later we are done with the bathhouse and working on our Glamping Platforms. 

A lot of sweat equity but so far all paid with cash. Realizing that having a silent partner to help with bookings & marketing and some financing would help move the project along faster. 

Thanks for asking !